£333,010
This estimated value is based upon the latest sale price for the house of £258,000 on 26 Jun 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£258,000 | 26 Jun 2017 |
£70,000 | 21 Nov 1997 |
Semi-Detached |
Freehold |
Floor Area: 80 sq meters or 861 sq feet |
This model uses changes in the Official Land Registry House Price Index for LINCOLNSHIRE to estimate the market value.
When this house was purchased in June 2017 the House Price Index for LINCOLNSHIRE was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £258,000 results in an estimated price of approximately £333,010.
26 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 149.7 | 29.074 % | £258,000 | £75,010 | £333,010 |
The Postcode Pricing Model uses changes in average sales price within the PE9 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 108.818 % | £280,750 | £538,750 |
3 Month Average | 33.370 % | £86,095 | £344,095 |
6 Month Average | 33.003 % | £85,146 | £343,146 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Mar 2024 | £274,213 | £270,000 | 25 TENNYSON WAY |
16 Oct 2023 | £281,391 | £275,000 | 4 SUTHERLAND WAY |
29 Jun 2023 | £318,891 | £312,500 | 54 HIGHLANDS WAY |
20 Mar 2023 | £122,038 | £120,000 | SUTHERLAND WAY NEWSAGENTS SUTHERLAND WAY |
9 Mar 2023 | £335,605 | £330,000 | 8 SUTHERLAND WAY |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 14 Jul 2016. Using an estimated price of £333,011 means this house is valued at £4,162 per sq meter (£386 per sq foot).
The average size of a house on SUTHERLAND WAY is 102 sq meters (1,099 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Criminal damage and arson | Under investigation | On or near Sutherland Way |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Tennyson Way |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Roxburgh Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Highgrove Gardens |
Jun 2024 | Drugs | Under investigation | On or near Highgrove Gardens |